Brussels, 13/05/2011 (Agence Europe) - Despite pressure to reach agreement from the Hungarian Presidency, Italy and especially Luxembourg kept up their resistance at the meeting of the EU Permanent Representatives' Committee (sherpas) on Wednesday 11 May to the compromise measures drawn up by the Hungarian Presidency for the updating of the EU savings tax directive (see EUROPE 10369). The Presidency has not removed the issue from the agenda of the ECOFIN meeting on Tuesday 17 May, hoping...